What factors should I consider when I insure my home? - 0 views
-
Rahul Saxena on 19 Nov 13Firstly determine the amount and type of insurance that you need. The sum insured or coverage limit of the property should equal 100% of its replacement cost. If the policy limit is less than 85% of the replacement cost of your home, any payment from the insurance company will be less than the full cost to replace your home.